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Detroit files bankruptcy
Topic Started: Jul 18 2013, 05:07 PM (735 Views)
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They have been talking about it for months, what took so long? Cleaning out what cash was left? Now of course they want a bailout. No No No

http://www.breitbart.com/Breitbart-TV/2013/07/18/Jesse-Jackson-Calls-To-Boycott-Florida-as-Apartheid-State
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I am not even following a link to Breitbart.com.

Neither will any sane person.

FFC is on the prowl!
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Well Howdy Doody won't be sold.

DETROIT (CBS Detroit) Among the many questions to come out of Detroit’s historic bankruptcy filing was this: “What happens to the art?”

The Detroit Institute of Art is considered a jewel in the city’s crown, with many valuable pieces of art including the Diego Rivera Detroit Industry Frescoes, works by Wyeth and Whistler, Vincent Van Gogh’s Self-Portrait and William Randolph Hearst’s armor collection.

It turns out the city also owns the original Howdy Doody marionette from the 1950s TV show, from the estate of puppeteer Buffalo Bob Smith — and that has become an odd flashpoint as people across the region try to figure out how the bankruptcy filing hits home.

Howdy Doody One, worth by many estimates at least $1 million, is part of the DIA permanent collection, though it hasn’t been displayed since 2009. The puppet sits in a warehouse.

Since Detroit’s broke, will it be the first thing to go? No, according to state-appointed emergency manager Kevyn Orr.

“Nothing is for sale, including Howdy Doody,” Orr said during his first public comments on the bankruptcy during a Friday press conference.

It came amid questions about whether Detroit’s Chapter 9 bankruptcy filing puts the future of the city’s opulent art museum in jeopardy.

DIA employees were informed by the museum’s legal counsel of the move, shortly after news of the filing broke on Thursday. The DIA issued an official statement, expressing disappointment with the filing and saying they will “carefully monitor” the situation.

“We remain committed to our position that the Detroit Institute of Arts and the City of Detroit hold the DIA’s collection in trust for the public and we stand by our charge to preserve and protect the cultural heritage of all Michigan residents,” said the statement.

Notably, metro Detroit residents agreed a year ago to tax themselves with a .2 mill property tax to help fund the DIA, approving a millage that raises roughly $23 million a year for 10 years.

Detroit’s debt is estimated at $20 billion, a figure Orr says the city could not overcome based on its budget, even if it made payments for the next 50 years.

What happens to the DIA and the rest of the city’s property as it tries to erase its debt through bankruptcy? No one knows for sure, beyond the fact Howdy Doody is safe.

A DIA source, speaking to WWJ on the condition of anonymity, said the DIA will simply continue to provide visitors with the best possible experience … “something everyone here is all exceptionally good at.”

http://detroit.cbslocal.com/2013/07/19/kevyn-orr-detroit-will-not-sell-howdy-doody-during-bankruptcy/
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Uh-uh, hunty- Unconstitutional!:

http://www.freep.com/article/20130719/NEWS06/307190075/detroit-bankruptcy-ingham-county-rosemarie-aquilina-pension
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'Motor City' Detroit files for bankruptcy with 100,000 creditors
Detroit has become the largest city in US history to file for bankruptcy, owing 100,000 creditors $18.5 billion.

http://www.telegraph.co.uk/news/worldnews/northamerica/usa/10190640/Motor-City-Detroit-files-for-bankruptcy-with-100000-creditors.html

Michigan AG challenges judge's ruling that Detroit bankruptcy is unconstitutional

http://www.freep.com/article/20130719/NEWS06/307190075/Michigan-AG-challenges-judge-s-ruling-Detroit-bankruptcy-unconstitutional
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Tybee
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I'm surprised Kwame Kilpatrick didn't find a way to have all those precious art works transferred to his house.
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Erna
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zzzzzzzzzzzzzzzzzzz
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That's hilarious Tybee but true.
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Obama is prattling on about Trayvon when a black holocaust is happening in Chicago. Black youths are killing each other with great regularity. Oh and Detroit went bankrupt! White flight destroyed that city and no involvement form Michigan or Washington can save it.

Oh Mrs Pee Cee they can export tons of huge hung black males from Detroit to Barcelona. I know you would love it BUT the Catalan Generalitat would be up in arms.....
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Here we go again. Blaming Blacks and poor people for the plight of cities like Detroit, and ignoring the massive corporations who raped and plundered the resources of those cities and then abandoned them to take advantage of slave labor in foreign countries.

I am really disgusted by the racism that seems to have migrated here from DL.

Fuck off. All of you.
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Obama was a community activist in Chicago, what did he do besides line his pockets and become a front man for Bill Ayers and associates? Just when is Rezko getting out of jail, I'm sure he has a story to tell?
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Tybee
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The poor had nothing to do with destroying Detroit. Detroit is in the condition it's in because of decades of crooked politicians and crooked politician's friends & associates. Like most all large cities the politicians don't really run the city. The city is run by big business, and the politicians no matter what their color is generally do as they're told by the local business structure. And they do what will garner them the most favor from those same business leaders while they're in public office, and more importantly after they leave public office. When the politicians get too greedy and too sloppy (as Kilpatrick did) the business leaders who normally protect and guide them wash their hands of them and you see them get stupid really fast until they're indicted.
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Jul 19 2013, 06:44 PM
Obama was a community activist in Chicago, what did he do besides line his pockets and become a front man for Bill Ayers and associates? Just when is Rezko getting out of jail, I'm sure he has a story to tell?
Well hello, FFC!
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LizBien
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I feel sorry for Detroit as thought it were not a city but a person. Weird, huh? The Motor City is circling the drain!

Oprah should buy it and turn it into 'Frau Land' or something. Could someone filthy stinking rich buy it? Seriously. Is that lawful?
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Does anyone actually care about the goings on in Detroit? Does the concern amount to anything more than recoiling at the homeless person who just shit his pants on the sidewalk>
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apartment four
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Tybee
Jul 19 2013, 07:01 PM
The poor had nothing to do with destroying Detroit. Detroit is in the condition it's in because of decades of crooked politicians and crooked politician's friends & associates. Like most all large cities the politicians don't really run the city. The city is run by big business, and the politicians no matter what their color is generally do as they're told by the local business structure. And they do what will garner them the most favor from those same business leaders while they're in public office, and more importantly after they leave public office. When the politicians get too greedy and too sloppy (as Kilpatrick did) the business leaders who normally protect and guide them wash their hands of them and you see them get stupid really fast until they're indicted.
bingo
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Posted Image
Decay: A vacant, boarded up house is seen in the once thriving Brush Park neighborhood with the downtown Detroit skyline behind it in Detroit, Michigan

Posted Image
Downtown Detroit, including the General Motors World Headquarters (2nd L), is pictured from a vacant lot along Woodward Avenue in Detroit, Michigan July 21, 2013

Posted Image
Future Regeneration: Downtown Detroit is seen from a vacant lot, looking south along Woodward Avenue, Michigan

http://i.dailymail.co.uk/i/pix/2013/07/24/article-0-1AEC1D4A000005DC-504_964x586.jpg
Motor City: Downtown Detroit is seen looking south along Woodward Avenue in Detroit, Michigan July 21, 2013

Read more: http://www.dailymail.co.uk/news/article-2375762/Bankrupt-Detroit-vows-Americas-Comeback-City--grim-reality-decaying-metropolis-revealed-stunning-pictures.html#ixzz2Zx8iCfcO
Follow us: @MailOnline on Twitter | DailyMail on Facebook

==============================================

Sad, more pix at link. Even downtown doesn't look safe.






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Erna
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Jul 19 2013, 06:44 PM
Obama was a community activist in Chicago, what did he do besides line his pockets and become a front man for Bill Ayers and associates? Just when is Rezko getting out of jail, I'm sure he has a story to tell?
r11 tells much of the truth but we will never read about it in the mainstream media, that is guaranteed!

The fact is that Obama never worked a day in his life, never had a real job, was on the public payroll one way or another for his entire 'career', and just about all of those 'positias' were for CIA front organizatias.

Obama has been 100% CIA from the age of 19.
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Tybee
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I guess the fact that Obama worked as a civil rights attorney in Chicago, and taught constitutional law at the University of Chicago Law School from 1992 to 2004 doesn't count for anything career wise?
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Tybee
Jul 24 2013, 04:55 AM
I guess the fact that Obama worked as a civil rights attorney in Chicago, and taught constitutional law at the University of Chicago Law School from 1992 to 2004 doesn't count for anything career wise?
Disengage, Tybee. Trust.

You can't engage in a logical debate with someone who denies the existence of logic.
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Disliking Obama for his politics or actions is understandable, and we can have intelligent discussions about that.

Claiming he has "never worked a day in his life" is just a lie, though, and the rest of the tin-hattery marks the machinations of a diseased mind. Probably from syphilis, considering the source.

Best to walk away.
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Erna
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Tybee
Jul 24 2013, 04:55 AM
I guess the fact that Obama worked as a civil rights attorney in Chicago, and taught constitutional law at the University of Chicago Law School from 1992 to 2004 doesn't count for anything career wise?
both 'jobs' were more or less on the public payroll, NOT the private sector.
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Erna
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We love how the sisters ADORE their slavemasters - who live like maharajahs at taxslaver expense and would not even piss on your house if it was on fire.

These same sisters seem to forget about - or not even care about - the thousands massacred around the world on 'orders' from these same slavemasters.
Edited by Erna, Jul 24 2013, 06:34 AM.
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Judge halts lawsuits seeking to block Detroit bankruptcy

http://www.cnbc.com/id/100674600
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